Start-up Cost Categories

What category is lawyer cost in?

• Technology Cost

• Professional Fees

• Cost of Sales

• Administrative Cost

What category is a printer in?

• Administrative Cost

• Wage and Benefits Cost

• Technology cost

• Cost of Sales

What are start-up costs?

• Expenses incurred by a new business during its first year of operation.

• Expenses incurred by a new business after it starts generating revenue.

• Expenses incurred by a new business before it starts generating revenue.

• Expenses incurred by an established business after it starts generating revenue.

Name one type of start-up cost.

• equipment cost

• rental cost

• marketing cost

• employee salaries

What are fixed start-up costs?

• Expenses that are only incurred after the start-up phase.

• Fees that are paid on a monthly basis.

• Costs that vary depending on production or sales level.

• Expenses that do not change regardless of production or sales level.

Which is a start-up cost for cost of sales?

• raw materials

• Advertising and marketing

• Renting office space

• mailing

Which is a start-up cost for wages and benefits?

• sponsorships

• workers compensation

• business insurance

• internet

Which is an example of administrative cost?

• rent

• payroll

• cellphones

• patents

Which is a technology cost?

• accountant

• computer hardware

• packaging

• losses.

Which start-up cost category is copiers?

• wage and benefit cost

• administrative cost

• sales and marketing cost

• professional fees cost